FX GLOBAL CALL: Our Take on the Day's Big FX News

Activity in the euro-zone manufacturing sector continued to decline in June but at the least severe rate in nearly a year and a half.

By

Geoffrey Rogow

July 1, 2013 7:53 a.m. ET

The FX Global Call covers the main news events affecting foreign-exchange markets in Asian and European trading hours, as selected by DJ FX Trader editors in New York, London and Singapore, as well as other hot spots when warranted.

1. Manufacturing activity across much of Asia eased in June, suggesting that economic growth is likely to weaken in coming months before a revival in the West can provide a boost later in the year. Purchasing managers indexes released Monday showed either slowing growth or outright contraction...